This is roughly where I get to, I can't blame market participants for being hesitant to jump in. It's been a rough 3.5 (almost 4) years that is for sure! A combination of a 400,000-ounce hedge (at a crippling $1,592AU OZ price), rising AISC, Average gold price and a significant asset investment phase killed our investor returns and share price. These are all behind us and the cash build has started. The strong and continuing rise in gold price puts the icing on the cake. Those who own will be handsomely rewarded.
RRL Price at posting:
$1.92 Sentiment: Buy Disclosure: Held
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